Previous to SAG-AFTRA Strike, Hollywood Studios Declare to Provided $1 Billion to Actors in Rewards

UNITED STATES: Previous to the SAG-AFTRA union calling for a strike final week, main movie and tv studios reportedly promised Hollywood actors greater than $1 billion in elevated pay and improved advantages. This data was launched on Monday by a company that represents media corporations.

The Alliance of Movement Image and Tv Producers (AMPTP), which bargains on behalf of Netflix Inc., Walt Disney Co., Warner Bros. Discovery, and different events, claimed SAG-AFTRA “continues to mischaracterize the negotiations.”

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After union negotiators claimed they have been unable to succeed in an understanding with studios on a brand new three-year contract with higher advantages and restrictions on the usage of their photographs by synthetic intelligence, SAG-AFTRA introduced a strike final Thursday.

The settlement that SAG-AFTRA withdrew from on July 12 affords first-of-their-kind protections over its three-year interval, particularly with regard to AI. It’s value greater than $1 billion in wage hikes, pension and well being contributions, and residual will increase, based on AMPTP.

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The AMPTP criticized SAG-AFTRA for not being receptive to its membership calls for, claiming they haven’t been receptive. The union launched a listing of solutions and studios’ responses, claiming they’re combating for the survival of their career.

The union requested an 11% common wage rise within the first yr of the contract to account for inflation, however the studios responded with a 5% provide.

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SAG-AFTRA said that the union made some progress, however from the start the studios refused to take part in real dialogue about a very powerful points.

The writers’ union, the Writers Guild of America (WGA), went on strike on Might 2 after failing to succeed in an settlement with the AMPTP, and the actors have now joined them.

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